Review on Delegation Power in Steemit
What are they?
What is Delegation?
Steems allows a user to delegate out Steems Power to other users. It essentially means you are letting someone borrow your Steems Power. If you get Steems delegated to you, it means your voting and curating power goes up by the amount you are delegated. If you are the one delegating out, then you lose that same amount of voting and curating power.
Does this make any sense?
1. Delegated SP are from a Donor who have excessive Steem Power , even low account can also contributing as well.
2. Can you lease from someone? The answer is yes.
3. Effectively, for votes made from the delegated, it would seem like they own the SP.
4. Are there any benefits from it. Yes, both a winner*.
3. Effectively, for votes made from the delegated, it would seem like they own the SP.
4. Are there any benefits from it. Yes, both a winner*.
*A person who leased may also loose some as well. ( not necessary to gain , if your rate leased is too high.)
A person who delegated SP can also earning fraction ( Rewards ) from their delegation, some plus Lease Fee.
Unless, someone that is generous willing to give them Free to you.
What is the Cost of Lease Delegation?
- Some where, 1 Steem per 100 SP , depending on your negotiation.
How many Steems can be Generated from Delegation?
It depend on your usage.
- 10,000 SP can generate approximately 1 steem per day.
How long it takes to Undelegate?
7 days
Disclaimer: Citation maybe needed, please do your own research
as this was experiment by myself.
Thanks for reading
Hope to see you soon in my post again. @bullionstackers
If borrowing steem power by paying in advance we must calculate the results of the deadline in the set.
borrow steem power is not very influential for steemit accounts in terms of adding steam power internally, and will keep you guarding the voting power so as to make someone think in giving the gift of voice to others😅
@bullionstackers
No one actually knows , if giving to them.
They think it drop from the sky.
yes 😀 @bullionstackers
I think a better path is taken like a snail's way though it runs slowly but surely, compared to having a lot, but the loss is seen in plain sight.
delegating can be a great way to increase your steem/SP especially if your vote is sat at 100% for long periods. You may as well lease out that power and take an income of around 24% to 34%
Just don't lease too much or your personal voting power won't be worth much
@dune69 , you sound like an experience delegator.
What did you find being a delegator pro and con ?
Did you make any extras income by doing so?
or you like to help others?
I wouldn't say experienced but i've made a few delegations
Pro's
You can sponsor something you believe in or you can use delegating as a form of investment and hopefully make over 25% PA
Its good if you are on holiday or have no access to your account for a while then utilizing the delegation system makes sense.
I was hoping to loan out 1000 SP and expect an income of 1 Steem per day
Con's
You have to physically claim the SP back when the loan ends (you'll receive a memo from minnowbooster to remind you)
You have to wait a week to get your SP back and available to use. I try and delegate for at least 4 weeks at a time.
I usually have a look at who wants the delegation to see what they want it for. If they look like they will make good use of it and help the steemit community then i'm happy to delegate
You can take back the delegation at any time
If you have a lot of delegations and you loose track. You can check them out on minnowbooster or on SteemWorld.
The rate at 1000 SP/ day for 1 steem is too high.
No one can produce that much a day.
Therefore it won't works , have to be reasonable request.
contact me at Discord for a chat.
Saya selalu mendukung komunitas anda @bullionstackers
Apakah itu selalu? Tapi Terima Kasih kerana datang kesini.
thank you for the information I am glad to be able to join you @bullionstackers
@leomesi ok
perhaps you can write where we are able to lease out our SP.
There are some Venues where SP are lease out to.
How is your Delegation to JerryBanfield?
What is the outcome?
well, the returns are not so fantastic. The rewards varies and I'm not sure where else I can delegate my SP to.
How much are you looking at per month?
Contact me at Discord for a chat.
How do i contact you on discord? Is there a username i have to search?
Terimakasih, itu posting ekonomi bagi pengguna steemit, agar tidak ceroboh dalam mengambil kuputusan,
Kecerobohan berakibat fatal bagi kita, tujuan mencari untung, malah rugi yang kita dapat.
terimakasih @bullionstackers
Saya mendukung anda sir @bullionstackers . Saya upvote and Resteem pos ini agar org tau juga . Oh ya. Kalo ada yg mw kasih sewa 200 sp untuk 1 steem saya akan segera sewa ??
Terimakasih
Bukankah kamu sudah sewa sehari dan mengandakan?
thank you for the information you provide @bullionstackers , maybe one day you are willing to rent some of your SP to humanitarian activities that I was planning with my friends.
we're your supporters.
You can approach @neoxian for lease delegation. He is leasing them out.
thanks for your advice @bullionstackers , I will try it
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Sir saya ingin menanyakan apakah masih bisa menggunakan investasi sbd ke dolphinpower
Boleh , Harus tungu ; kalau ada banyak orang giliran mesti.
Satu - lima hari ya...
Oke terimakasih sir
The force is with you! You got a 18.52% upvote from @steemyoda courtesy of @qira!